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10-Q Filing

FRANKLIN RESOURCES INC CIK: 38777 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0000038777-23-000106
Period End Date 20230630
Filing Date 20230728
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance ben-20230630_htm.xml
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Investments, at fair value InvestmentsFairValueDisclosure $613.50M USD Point-in-time
Investments, at fair value InvestmentsFairValueDisclosure $867.30M USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 1.00M shares Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 499.01M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 499.58M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 499.01M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 499.58M shares Point-in-time
Receivables AccountsReceivableNet $1.34B USD Point-in-time
Receivables AccountsReceivableNet $1.26B USD Point-in-time
Investments Investments $2.25B USD Point-in-time
Investments Investments $1.65B USD Point-in-time
Total investments, at fair value InvestmentsFairValueDisclosure $613.50M USD Point-in-time
Total investments, at fair value InvestmentsFairValueDisclosure $867.30M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $806.10M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $743.30M USD Point-in-time
Goodwill Goodwill $6.01B USD Point-in-time
Goodwill Goodwill $5.78B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.08B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.99B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $464.50M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $431.00M USD Point-in-time
Other OtherAssets $395.40M USD Point-in-time
Other OtherAssets $372.70M USD Point-in-time
Total Assets Assets $30.23B USD Point-in-time
Total Assets Assets $28.06B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $1.46B USD Point-in-time
Compensation and benefits EmployeeRelatedLiabilitiesCurrentAndNoncurrent $1.46B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $563.50M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $466.20M USD Point-in-time
Income taxes AccruedIncomeTaxes $523.10M USD Point-in-time
Income taxes AccruedIncomeTaxes $448.60M USD Point-in-time
Debt LongTermDebt $3.38B USD Point-in-time
Debt LongTermDebt $3.36B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $450.70M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $347.80M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $494.80M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $528.40M USD Point-in-time
Other OtherLiabilities $1.31B USD Point-in-time
Other OtherLiabilities $1.43B USD Point-in-time
Total liabilities Liabilities $16.65B USD Point-in-time
Total liabilities Liabilities $14.24B USD Point-in-time
Commitments and Contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 10) CommitmentsAndContingencies - USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $1.53B USD Point-in-time
Redeemable Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $1.05B USD Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 499,012,841 and 499,575,175 shares issued and outstanding at June 30, 2023 and September 30, 2022 CommonStockValue $49.90M USD Point-in-time
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 499,012,841 and 499,575,175 shares issued and outstanding at June 30, 2023 and September 30, 2022 CommonStockValue $50.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.36B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $12.05B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-621.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-462.50M USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $11.95B USD Point-in-time
Total Franklin Resources, Inc. stockholders equity StockholdersEquity $11.47B USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $591.10M USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $824.30M USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.54B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Total stockholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.29B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $30.23B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders Equity LiabilitiesAndStockholdersEquity $28.06B USD Point-in-time
Income Statement 81 line items
Line Item Tag Value Unit Period
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.03B USD 1 Quarter
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.97B USD 1 Quarter
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.34B USD 3 Qtrs
Operating revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.86B USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $2.67B USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $766.70M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $841.20M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $2.32B USD 3 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $1.20B USD 3 Qtrs
Sales, distribution and marketing SellingAndMarketingExpense $406.80M USD 1 Quarter
Sales, distribution and marketing SellingAndMarketingExpense $440.30M USD 1 Quarter
Sales, distribution and marketing SellingAndMarketingExpense $1.43B USD 3 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $376.70M USD 3 Qtrs
Information systems and technology CommunicationsAndInformationTechnology $125.90M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $127.30M USD 1 Quarter
Information systems and technology CommunicationsAndInformationTechnology $376.60M USD 3 Qtrs
Occupancy OccupancyNet $171.10M USD 3 Qtrs
Occupancy OccupancyNet $53.80M USD 1 Quarter
Occupancy OccupancyNet $56.90M USD 1 Quarter
Occupancy OccupancyNet $163.10M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $85.40M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $200.50M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $254.60M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $81.80M USD 1 Quarter
General, administrative and other GeneralAndAdministrativeExpense $136.50M USD 1 Quarter
General, administrative and other GeneralAndAdministrativeExpense $427.20M USD 3 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $416.10M USD 3 Qtrs
General, administrative and other GeneralAndAdministrativeExpense $158.10M USD 1 Quarter
Total operating expenses OperatingExpenses $1.65B USD 1 Quarter
Total operating expenses OperatingExpenses $4.91B USD 3 Qtrs
Total operating expenses OperatingExpenses $5.10B USD 3 Qtrs
Total operating expenses OperatingExpenses $1.63B USD 1 Quarter
Operating Income OperatingIncomeLoss $404.70M USD 1 Quarter
Operating Income OperatingIncomeLoss $1.43B USD 3 Qtrs
Operating Income OperatingIncomeLoss $314.90M USD 1 Quarter
Operating Income OperatingIncomeLoss $764.00M USD 3 Qtrs
Investment and other income, net OtherNonoperatingIncomeExpense $97.70M USD 3 Qtrs
Investment and other income, net OtherNonoperatingIncomeExpense $13.00M USD 1 Quarter
Investment and other income, net OtherNonoperatingIncomeExpense $51.20M USD 1 Quarter
Investment and other income, net OtherNonoperatingIncomeExpense $267.90M USD 3 Qtrs
Interest expense InterestExpense $99.30M USD 3 Qtrs
Interest expense InterestExpense $34.90M USD 1 Quarter
Interest expense InterestExpense $28.90M USD 1 Quarter
Interest expense InterestExpense $71.10M USD 3 Qtrs
Expenses of consolidated investment products OtherNonoperatingExpense $5.80M USD 3 Qtrs
Other Income (Expenses), Net NonoperatingIncomeExpense $49.80M USD 3 Qtrs
Other Income (Expenses), Net NonoperatingIncomeExpense $17.20M USD 1 Quarter
Other Income (Expenses), Net NonoperatingIncomeExpense $-91.60M USD 1 Quarter
Other Income (Expenses), Net NonoperatingIncomeExpense $228.20M USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $992.20M USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.48B USD 3 Qtrs
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $313.10M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $332.10M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $84.10M USD 1 Quarter
Taxes on income IncomeTaxExpenseBenefit $237.30M USD 3 Qtrs
Taxes on income IncomeTaxExpenseBenefit $347.70M USD 3 Qtrs
Taxes on income IncomeTaxExpenseBenefit $89.50M USD 1 Quarter
Net income ProfitLoss $248.00M USD 1 Quarter
Net income ProfitLoss $223.60M USD 1 Quarter
Net income ProfitLoss $1.13B USD 3 Qtrs
Net income ProfitLoss $754.90M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $108.50M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-500.00K USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $26.80M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-50.20M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $59.10M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-32.30M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $118.50M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-6.30M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $227.50M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $1.06B USD 3 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $587.30M USD 3 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $256.40M USD 1 Quarter
Basic EarningsPerShareBasic $0.44 USD 1 Quarter
Basic EarningsPerShareBasic $0.50 USD 1 Quarter
Basic EarningsPerShareBasic $2.07 USD 3 Qtrs
Basic EarningsPerShareBasic $1.14 USD 3 Qtrs
Diluted EarningsPerShareDiluted $0.50 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.44 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.14 USD 3 Qtrs
Diluted EarningsPerShareDiluted $2.07 USD 3 Qtrs
Cash Flow Statement 98 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $248.00M USD 1 Quarter
Net Income ProfitLoss $223.60M USD 1 Quarter
Net Income ProfitLoss $1.13B USD 3 Qtrs
Net Income ProfitLoss $754.90M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $160.90M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $137.90M USD 3 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $37.20M USD 3 Qtrs
Amortization of deferred sales commissions AmortizationOfDeferredSalesCommissions $49.60M USD 3 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $78.30M USD 3 Qtrs
Depreciation and other amortization DepreciationDepletionAndAmortization $68.80M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $85.40M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $200.50M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $254.60M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $81.80M USD 1 Quarter
Net (gains) losses on investments NetGainsLossesOnInvestments $-32.90M USD 3 Qtrs
Net (gains) losses on investments NetGainsLossesOnInvestments $62.30M USD 3 Qtrs
Income (losses) from investments in equity method investees IncomeLossFromEquityMethodInvestments $51.60M USD 3 Qtrs
Income (losses) from investments in equity method investees IncomeLossFromEquityMethodInvestments $-7.70M USD 1 Quarter
Income (losses) from investments in equity method investees IncomeLossFromEquityMethodInvestments $111.10M USD 3 Qtrs
Income (losses) from investments in equity method investees IncomeLossFromEquityMethodInvestments $-100.00K USD 1 Quarter
Net losses on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $-116.00M USD 3 Qtrs
Net losses on investments of consolidated investment products GainsLossesOnInvestmentsOfConsolidatedInvestmentProducts $-22.00M USD 3 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $312.20M USD 3 Qtrs
Net purchase of investments by consolidated investment products PurchaseAndLiquidationOfInvestmentsByConsolidatedInvestmentProducts $833.20M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $50.80M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $55.90M USD 3 Qtrs
Other OtherNoncashIncomeExpense $-99.20M USD 3 Qtrs
Other OtherNoncashIncomeExpense $-33.00M USD 3 Qtrs
Increase in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $69.80M USD 3 Qtrs
Increase in receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $97.30M USD 3 Qtrs
Decrease (increase) in investments, net IncreaseDecreaseInTradingSecurities $-6.40M USD 3 Qtrs
Decrease (increase) in investments, net IncreaseDecreaseInTradingSecurities $33.20M USD 3 Qtrs
Increase (decrease) in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $45.10M USD 3 Qtrs
Increase (decrease) in accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-84.30M USD 3 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-176.30M USD 3 Qtrs
Decrease in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-58.90M USD 3 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-9.10M USD 3 Qtrs
Increase (decrease) in accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $48.30M USD 3 Qtrs
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $-26.20M USD 3 Qtrs
Increase (decrease) in accounts payable and accrued expenses of consolidated investment products IncreaseDecreaseInOtherOperatingLiabilitiesOfConsolidatedInvestmentProducts $1.30M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.09B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $365.30M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $676.50M USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $665.10M USD 3 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $872.00M USD 3 Qtrs
Liquidation of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $551.30M USD 3 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $3.20B USD 3 Qtrs
Purchase of investments by consolidated collateralized loan obligations PurchaseOfInvestmentsByConsolidatedCollateralizedLoanObligations $3.47B USD 3 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $1.23B USD 3 Qtrs
Liquidation of investments by consolidated collateralized loan obligations LiquidationOfInvestmentsByConsolidatedCollateralizedLoanObligations $1.50B USD 3 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $121.50M USD 3 Qtrs
Additions of property and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $55.60M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.35B USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $500.50M USD 3 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset $5.50M USD 3 Qtrs
Payments of contingent consideration asset PaymentsOfContingentConsiderationAsset $20.90M USD 3 Qtrs
Payments of deferred consideration liability PaymentsOfDeferredConsiderationLiability $241.80M USD 3 Qtrs
Payments of deferred consideration liability PaymentsOfDeferredConsiderationLiability - USD 3 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $211.00M USD 3 Qtrs
Net (deconsolidation) consolidation of investment products CashAndCashEquivalentsIncreaseDecreaseDueToConsolidationAndDeconsolidationOfInvestmentProducts $-43.80M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-3.25B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.68B USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $13.40M USD 3 Qtrs
Issuance of common stock ProceedsFromIssuanceOfCommonStock $13.60M USD 3 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $437.10M USD 3 Qtrs
Dividends paid on common stock PaymentsOfDividendsCommonStock $454.80M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $70.00M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $154.00M USD 3 Qtrs
Proceeds from repurchase agreement ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase - USD 3 Qtrs
Proceeds from repurchase agreement ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $174.80M USD 3 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $4.35B USD 3 Qtrs
Proceeds from debt of consolidated investment products ProceedsFromIssuanceOfDebtByConsolidatedInvestmentProducts $3.21B USD 3 Qtrs
Payments on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $926.90M USD 3 Qtrs
Payments on debt of consolidated investment products PaymentsOnDebtByConsolidatedInvestmentProducts $2.47B USD 3 Qtrs
Payments on contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $4.10M USD 3 Qtrs
Payments on contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $7.60M USD 3 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $194.90M USD 3 Qtrs
Noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $482.50M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.42B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.49B USD 3 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $66.00M USD 3 Qtrs
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-68.10M USD 3 Qtrs
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-394.90M USD 3 Qtrs
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-168.50M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.78B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.65B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.48B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.39B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.78B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.65B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.48B USD Point-in-time
Cash and Cash Equivalents, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.39B USD Point-in-time
Cash paid for income taxes IncomeTaxesPaid $225.40M USD 3 Qtrs
Cash paid for income taxes IncomeTaxesPaid $456.70M USD 3 Qtrs
Cash paid for interest InterestPaidNet $61.80M USD 3 Qtrs
Cash paid for interest InterestPaidNet $55.50M USD 3 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $107.00M USD 3 Qtrs
Cash paid for interest by consolidated investment products CashInterestPaidByConsolidatedInvestmentProducts $232.20M USD 3 Qtrs
Stockholders Equity 91 line items
Line Item Tag Value Unit Period
Dividends declared per share CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.29 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Beginning balance StockholdersEquity $11.95B USD Point-in-time
Beginning balance StockholdersEquity $11.47B USD Point-in-time
Beginning balance MinorityInterest $591.10M USD Point-in-time
Beginning balance MinorityInterest $824.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.54B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.29B USD Point-in-time
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $227.50M USD 1 Quarter
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $1.06B USD 3 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $587.30M USD 3 Qtrs
Net income attributable to Franklin Resources, Inc. NetIncomeLoss $256.40M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $59.10M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-32.30M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $118.50M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-6.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $416.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $224.10M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $537.30M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $254.90M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $221.20M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $170.30M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $15.90M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-103.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $158.50M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-12.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.90M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $124.70M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-126.00M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.00M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $153.80M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $148.30M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $148.90M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $153.60M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $152.90M USD 1 Quarter
Dividends declared on common stock DividendsCommonStockCash $147.70M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $3.60M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $80.80M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $50.90M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $51.00M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $14.20M USD 1 Quarter
Repurchase of common stock - Amount StockRepurchasedAndRetiredDuringPeriodValue $21.70M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $47.70M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $18.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $25.30M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $1.80M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $33.60M USD 1 Quarter
Issuance of common stock - Amount StockIssuedDuringPeriodValueNewIssues $3.60M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $46.50M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $35.60M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $12.30M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $11.20M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $40.80M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $48.20M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-12.70M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-27.80M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-14.90M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $95.90M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-24.80M USD 1 Quarter
Net subscriptions (distributions) and other MinorityInterestPeriodIncreaseDecrease $-21.70M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-300.00K USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-39.60M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-35.70M USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-700.00K USD 1 Quarter
Net deconsolidation of investment products ConsolidationDeconsolidationOfInvestmentProducts $-324.20M USD 1 Quarter
Acquisition NoncontrollingInterestIncreaseFromBusinessCombination $149.90M USD 1 Quarter
Adjustment to fair value MinorityInterestChangeInRedemptionValue $60.80M USD 1 Quarter
Adjustment to fair value MinorityInterestChangeInRedemptionValue $44.70M USD 1 Quarter
Adjustment to fair value MinorityInterestChangeInRedemptionValue $-188.50M USD 1 Quarter
Ending balance StockholdersEquity $11.95B USD Point-in-time
Ending balance StockholdersEquity $11.47B USD Point-in-time
Ending balance MinorityInterest $591.10M USD Point-in-time
Ending balance MinorityInterest $824.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.54B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.30B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.19B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.20B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.81B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.56B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.29B USD Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $248.00M USD 1 Quarter
Net Income ProfitLoss $223.60M USD 1 Quarter
Net Income ProfitLoss $1.13B USD 3 Qtrs
Net Income ProfitLoss $754.90M USD 3 Qtrs
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $159.70M USD 3 Qtrs
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-100.60M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $16.50M USD 1 Quarter
Currency translation adjustments, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-123.80M USD 3 Qtrs
Net unrealized losses on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-600.00K USD 1 Quarter
Net unrealized losses on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-2.40M USD 1 Quarter
Net unrealized losses on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-1.40M USD 3 Qtrs
Net unrealized losses on defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-2.20M USD 3 Qtrs
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 3 Qtrs
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $200.00K USD 3 Qtrs
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Net unrealized gains on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $15.90M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-103.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $158.50M USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-12.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.90M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $124.70M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-126.00M USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.00B USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $913.40M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $120.60M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $263.90M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $108.50M USD 3 Qtrs
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-500.00K USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $26.80M USD 1 Quarter
Redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-50.20M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $59.10M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-32.30M USD 1 Quarter
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $118.50M USD 3 Qtrs
Nonredeemable noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $-6.30M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $153.40M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $933.20M USD 3 Qtrs
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $243.40M USD 1 Quarter
Comprehensive Income Attributable to Franklin Resources, Inc. ComprehensiveIncomeNetOfTax $745.80M USD 3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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